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EVENT / TOPICHistorical

Tether invests in Bolivian fintech Peso to expand USDT payment network

1 reports1 sources10/21/2026 updated

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AI overview

Tether led a pre-seed funding round in Bolivian fintech Peso, which integrated USDT payments into Yango's food delivery service in Bolivia. The expansion connects USDT with local banking and merchant systems across Bolivia, Brazil, Colombia, and Argentina. Peso founder Diego Gutierrez stated the integration aims to provide a stable payment alternative in regions with volatile local currencies.

Written with AI from the reporting · updated 10/21/2026

Latest developmentOct 22, 04:26
Tether backs Bolivian fintech Peso to integrate USDT payments into food delivery and banking
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  1. 1Unclassified fact stationOct 22, 00:00recorded Oct 22, 04:58single sourcerevised

    Tether backs Bolivian fintech Peso for USDT payment expansio

    Read original source ↗ CointelegraphReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    tether
    Action：
    led a pre-seed funding round
    Object：
    Peso
    Occurred (fact side)：
    Oct 22, 00:00
    Cointelegraph ↗Report pageRevision 2 · currently revised
    Published (valid side)：
    Oct 22, 04:26
    First seen (known side)：
    Oct 22, 04:58
    Fact stationSingle source · one-sided claimRevised

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Oct 22
  1. CointelegraphRelated fact: single sourceSource report revised
    Tether backs Bolivian fintech Peso to integrate USDT payments into food delivery and banking

    Report first recorded Oct 22, 04:58

    Tether led a pre-seed funding round in Bolivian fintech Peso to support its expansion across Latin America, enabling USDT payments through food delivery apps like Yango and local banking networks in Bolivia, Brazil, Colombia, and Argentina. Peso offers QR payments, point-of-sale services, and virtual accounts linked to Bolivia’s banking system via ACH transfers. This move addresses Bolivia's prolonged US dollar shortage and aligns with the government's plans to integrate stablecoins like USDT into the financial system, which began consideration in July 2026.

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